Noel Gallagher ‘sells his luxurious London home for £8million after being forced to drop the price by £3.5million’
Noel Gallagher has reportedly sold his London home for a cool £8million, after dropping the price by £3.5million.
The former Oasis star, 53, let the sell price go down after he had been trying to sell the Grade II-listed mansion for four years.
According to The Sun, the property, located in Little Venice, West London, is now marked as sold on the estate agent’s website.
Sell: Noel Gallagher has reportedly sold his London home for a cool £8million, after dropping the price by £3.5million (pictured in December 2019)
A source said: ‘It’s a mystery why it took so long to sell. It’s a great location and one of the nicest homes in the area. He’s pleased the sale has finally happened.’
Last year, Noel bought an £8million, seven-bedroom mansion in Hampshire, complete with swimming pool, tennis court and a library.
With views across rolling countryside, the impressive property also features a croquet lawn and an adjoining cottage.
The source added: ‘Noel loves the country life. Now he’s shot of the London mansion he’ll have more time to spend there. It’s a far cry from what he used to get up to but he’s happy.
Home: The former Oasis star let the sell price go down after he had been trying to sell the Grade II-listed mansion for four years
Luxury: According to The Sun, the property, located in Little Venice, West London, is now marked as sold on the estate agent’s website
A source said: ‘It’s a mystery why it took so long to sell. It’s a great location and one of the nicest homes in the area. He’s pleased the sale has finally happened’
‘He enjoys visiting the local shops. He enjoys the countryside a lot.’
MailOnline has contacted a representative for Noel for comment.
Noel’s country home is conveniently located for an exclusive school to which he and wife, Sara MacDonald, hope to send son Donovan, 11.
The fees of more than £20,000 a year for day pupils will barely dent the singer’s estimated £50 million fortune, accrued mainly thanks to the extraordinary success of Oasis during the Britpop era.
There are several public schools in the area, which include Brockwood Park School, Bedales and Church’s. All of which was no more than a 15 minute drive from the property.
Abode: Last year, Noel bought an £8 million, seven-bedroom mansion in Hampshire, complete with swimming pool, tennis court and a library (pictured in October 2019)
The musician may also be attracted by the school’s strict discipline – not least given that he was expelled from school at 15 for throwing flour over a teacher – and by the celebrities among the school’s alumni.
The father of three previously sent his model daughter, Anais, 20, whose mother is Meg Mathews, to private school.
The singer bought his new home from a renowned interior designer. She purchased the property for £3.6 million back in 2007 but claims the outlay on its refurbishment means she will make little profit from the sale.
It is unclear whether Noel, whose youngest child, Sonny, is eight, is funding the purchase with the sale of his six-bedroom home in London’s Little Venice.
The source added: ‘Noel loves the country life. Now he’s shot of the London mansion he’ll have more time to spend there’ (pictured in July 2019)